IXOPAY partners with Ebanx
Vienna/Curitiba, 2023 – IXOPAY, a leading independent payment orchestration provider, and EBANX, a fintech company specializing in international payments in emerging markets, have announced a partnership. The partnership will focus on providing global brands with access to local payment solutions and offering local payment methods to consumers, starting with the Latin America region.
The main goals of the partnership are to improve accessibility to new regions and to facilitate growth for international merchants. IXOPAY’s agnostic payment orchestration platform provides the basis for flexible payment stacks, connecting its clients to multiple payment providers and payment methods via a single API. By joining forces with EBANX, this will extend the ability to accept local cards in Brazil, Mexico, Argentina, Columbia, Chile and Uruguay.
Central and South America are the fastest growing regions of digital buyers worldwide and will continue to grow through 2025, with an annual growth rate 2.5 times that of North America, according to the latest EBANX Beyond Borders study. With these rising consumer numbers, digital payments have become more and more relevant, providing access to a huge range of products and services in the digital space.
The high demand for digital services stems from a young and connected population, who are once again driving innovation in the payment industry. Latin America is one of the world's most innovative regions when it comes to payments, laying the foundation for digital revolutions in account-based transfers, e-wallets and cash-based vouchers. Forecasts for the region predict growth in alternative, instant and mobile payment methods, with the use of credit cards still leading with a 28% market share.
IXOPAY is a payments orchestration platform enabling independent, flexible and global payment processing. As a highly scalable and PCI-DSS certified “fintech enabler”, IXOPAY fulfills the needs of large merchants as well as those of “white label” clients: payment service providers (PSPs), acquirers and independent sales organizations (ISOs). The modern, easily extendable architecture offers smart transaction routing & cascading, state-of-the-art risk & fraud management, fully automated reconciliation and settlements processing, comprehensive reporting as well as plugin-based integration of acquirers, payment service providers and alternative payment methods (APMs).
IXOPAY is part of the IXOLIT Group, founded in Vienna, Austria in 2001. With local entities in Austria and the USA, IXOLIT supports national and international customers across various industry verticals. The owner-led and -financed company has grown from 2 to more than 80 employees and is focused on building innovative solutions for eCommerce.
Please find more information about IXOPAY here: https://www.ixopay.com
EBANX is the leading international payments platform, connecting global companies with customers from the fastest-growing digital markets in the world. The company was founded in 2012 in Brazil with the mission of providing access to international digital commerce. With powerful proprietary technology and infrastructure combined with in-depth knowledge of the markets where it operates, EBANX gives global businesses access to hundreds of payment methods in Africa and Latin America. EBANX goes beyond payments, helping increase sales and fostering seamless purchase experiences.
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